Banking Services

The government authority located in Philadelphia, Pennsylvania is seeking a vendor to provide comprehensive banking services. The agency needs a financial partner to handle core banking, treasury and cash management, payments, lending and credit, as well as reporting and technology. The primary problem the agency is trying to solve is the management of its daily financial operations, which requires previous and current day balance and transaction reporting, alongside the transaction initiation of repetitive and non-repetitive wires and book transfers. The scope of work covers the delivery of these financial and technological services, which the selected vendor will perform entirely offsite. Eligible bidders must be onshore organizations based in the United States. The agency has not disclosed a specific budget and is looking for proposals to determine the cost of these services. Key dates and specific evaluation criteria are not detailed in the initial solicitation.